The relative outpeformance of the S&P (vs. the NDX) is evident in the price action, the breadth (negative in the N's) and the main tells (BKX vs. SOX). Last week, I switched my trading eyes from S's to N's on the short side. It was an early feel, but the disparity is starting to become more pronounced.

Neil Glassman brought his own bowling ball yesterday and his bowling shirt has a big, script "L" on it. Tell Squiggy!